Detailed text transcripts for TV channel - CNN - 20170630:09

Detailed text transcripts for TV channel - CNN - 20170630:09:56:00

iraq. thank you. let's look at your money. this final trading day of the first half of the year. global markets mostly lower after the blistering sell-off in tech stocks. names like apple, google parent alphabet, microsoft, lower, pushing the dow down 168. nasdaq down 1.5. what is going on? the dollar had the worst quarter in seven years. and bond yields are rising. bond yields are rising, there's a global expectation the central banks will raise rates. that as investors selling to big dividend tech plays and moving things to bank stocks, banks in particular, because they will be able to give big dividend payouts because they passed their stress tests. a great year for stocks. the dow and s&p 500 up 8% this year. the nasdaq is up 14%. look at that. right now, futures, though, flat again on the last trading day of the first half of the year. if you live in one of these places, you may start earning a little more. maryland, oregon, and at least five cities are hiking their minimum wages tomorrow. this follows 17 states in the beginning of the year. you know, the federal minimum

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